Selangor tells illegal factories to legalise within a year
KLANG: Unlicensed factories in Selangor have one year to legalise operations, starting Oct 1, failing which the land will be seized by the District Land Office.
Merdeka 118 Tower to be completed by mid-2020
KUALA LUMPUR (Sept 24): The ongoing construction of the iconic Merdeka 118 Tower is at level 78 as of today, which makes it about two thirds completed.
Encouraging response for IOI Properties' Alanis launch at Warisan Puteri
SEPANG (Sept 24): IOI Properties Group Bhd saw keen interest from prospective buyers for its Alanis serviced apartment project at Warisan Puteri township in Kota Warisan, Sepang, Selangor.
1MDB-Tanore trial: Shafee cites Sri Ram's judgements in hearsay application against ex-1MDB CEO's witness statement
KUALA LUMPUR (Sept 24): The morning session of Datuk Seri Najib Razak's 1Malaysia Development Bhd (1MDB)-Tanore trial took an interesting turn as Tan Sri Muhammad Shafee Abdullah cited two judgements by Datuk Seri Gopal Sri Ram at the Federal Court and Court of Appeal, during an oral application to dispute former 1MDB chief Datuk Shahrol Azral Ibrahim Halmi's witness statement as hearsay.
Shahrol: MoF pressured into giving TIA govt guarantee to meet Jho Low's 'aggressive' deadline
KUALA LUMPUR (Sept 24): The Ministry of Finance (MoF) was said to have been pressured into issuing the government guarantee for the RM5 billion Islamic medium term notes (IMTN), in order to meet a tight one-month deadline set by fugitive businessman Low Taek Jho, according to the testimony by Datuk Shahrol Azral Ibrahim Halmi, the ninth prosecution witness in the 1Malaysia Development Bhd (1MDB)-Tanore trial, at the High Court yesterday.
Gaming tycoon Chen Lip Keong to take Karambunai private
KUALA LUMPUR: Karambunai Corp Bhd’s largest shareholder Tan Sri Dr Chen Lip Keong, with a 73.
Will Chinese businessman be Bertam’s white knight?
KUALA LUMPUR (Sept 24): Property developer Bertam Alliance Bhd says it is roping in a Chinese white knight to help lift it from the Practice Note 17 (PN17) status.
Minority shareholders block Lafarge Malaysia’s RM3.5b RPTs with YTL
KUALA LUMPUR (Sept 24): Lafarge Malaysia Bhd’s (LMB) minority shareholders voted down a resolution that would have allowed the group to undertake recurrent related party transactions (RPTs) worth an aggregate RM3.
China’s CPCG leads consortium to invest RM3b in Terengganu
KUALA LUMPUR (Sept 24): Chinese integrated construction company Pacific Construction Group Ltd (CPCG) is leading a consortium of investors to invest some RM3 billion in Terengganu for, among others, an industrial park, a free trade zone and affordable housing.
Country Garden: Majority of Aradia units sold during weekend launch
PETALING JAYA (Sept 23): The first phase project of Lake City, developed by Country Garden Malaysia, have seen a majority of the units sold during the launch on Sept 21 and 22, 2019.
